ISARA (company)

ISARA (company)

ISARA is a company developing quantum computer resistant software products founded in 2015 by Scott Totzke.

ISARA is a security solutions company specializing in quantum-safe cryptography. Founded in 2015, by Scott Totzke and Mike Brown ISARA received $11.5 million in seed funding from Quantum Valley Investments. In 2018, ISARA received $10 million in series A funding from Shasta Ventures and a CA$7.2 million grant from Canada's Strategic Innovation Fund in 2019.

ISARA offers both quantum-safe toolkits for implementing quantum ready algorithms targeted at developers (ISARA Radiate) and technologies that enable the introduction of cypto-agility to existing systems as a step towards quantum-safe security (ISARA Catalyst).

ISARA technology has been used in industries such as:

  • Government
  • Automotive
  • Financial Services
  • Healthcare

Funding

Seed

On March 1, 2015 ISARA announced raising $11.5 million in seed funding from Quantum Valley Investments.

Series A

On November 19, 2018 ISARA announced raising $10 million in series A funding from Shasta Ventures. Nitin Chopra, a partner of Shasta Ventures, made the following comments about his firms decision to invest in ISARA:

Quantum computing requires a wholesale, generational rethinking of how we secure the digital environment. ISARA is the clear leader as the only company with commercial solutions that can be implemented today. Complex systems used by corporations and governments will take years to migrate to a quantum-safe state and smart organizations are already beginning the transition.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Isara series A round
Series A round
10,000,000
November 19, 2018
Shasta Ventures
ISARA seed round
Seed round
11,500,000
March 1, 2015
Quantum Valley Investments
Isara funding round, April 2019
Grant (money)
5,250,000
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People

Name
Role
LinkedIn

Alan Panezic

Vice President, Product & Strategic Alliances

Atsushi Yamada

Vice President, Research & Development

Jacquelyn Parker

Vice President, Operations

Mark Pecen

Chief Operating Officer

Mike Brown

Chief Technology Officer & Co-founder

Paul Lucier

Vice President, Sales & Business Development

Scott Totzke

Chief Executive Officer & Co-founder

Sinisha Patkovic

Managing Director, EMEA

Further reading

Title
Author
Link
Type
Date

Enabling Quantum-Safe

Migration with Crypto-Agile

Certificates

ISARA Corporation

Whitepaper

May 16th, 2018

The Quantum Revolution:

Security Implications and

Considerations

Atsushi Yamada

February 23rd, 2018

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

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